SpaceX shares extended gains in pre-market trading on Monday after a record-breaking IPO debut that pushed its valuation above $2 trillion last week. Investor optimism strengthened further after Elon Musk said the company could generate over $1 trillion in annual revenue by 2030, fueling enthusiasm around its long-term growth prospects.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain